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Eat & Beyond completes acquisition of half of Goldbloom Enterprises

Consumer, Market News
CSE:EATS
04 August 2023 09:00 (EDT)

Source: Narcity.

Eat & Beyond Global (CSE:EATS) completed its 50 per cent acquisition of the issued and outstanding shares of Goldbloom Enterprises Inc.

The company also acquired 100 per cent of the outstanding warrants.

Under the terms of the deal, Eat & Beyond issued an aggregate of 6 million common shares to Goldbloom shareholders at a price of $0.10 per share and issued 6 million common share purchase warrants.

Eat & Beyond Global Holdings Inc. is an investment issuer that invests in plant-based protein companies and companies developing and commercializing innovative food tech.

Eat & Beyond Global Holdings Inc. opened trading at $0.70 per share.

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